Originally Posted by SideWays222
Also, the StrikeForce statement. Do you have any recent articles to support that claim?? Im just curious because i dont know much about SF current Financial situation. I would imagine they are doing decently well because this tournament has brought them alot of exposure and i actually know a few people that know the difference between Strikeforce and the UFC now. About a year ago that was nearly impossible to find, and i LIVE in San Jose which is SF home.
But i certainly dont think that SF is dependent on Fedor like some other organizations were. With or without him i believe that they will either succeed and create a stable following or not be able to accomplish that goal and have to fold. Sure Fedor is a bonus for SF but im guessing that he gets paid in the 7 figure range which i dont know if he is worth it. His popularity in the states isnt anything to brag about. They have Overeem who i believe gets paid 6 figures (i have nothing to support that statement). He is extremely talented with lots of accomplishments on his resume and a very intimidating appearance. He could very well become more popular then Fedor if they market him correctly. He could become their "Chuck Liddel".
Strikeforce doesn't make that much money.
Strikeforce is on pace to post up to $30 million in revenue for this fiscal year (June 2011), compared to 4 million in 2006, which was their first year of operations.
Now to real people, $30M is obviously a ton of money. But it's gross revenue, not profit.
On the plus side, their co-owners also own a stadium where they put on some of their events, but they've been expanding to other markets for the last few years. Last year, only 2 of their 15 events were at the HP Pavilion at San Jose.
If Strikeforce is making a profit at $30M in revenue, Showtime has to be picking up all the bills for broadcast production.
But that still leaves site fees, commission fees (which include percentages of the gate and broadcast deal for the event, in addition to the flat fees for the event) overhead (Strikeforce probably does a great job at keeping this down, Considering they only have 13 full time employees) and fighter's salaries.
I don't know enough about the promotions business to say how much they have to be spending, but I wouldn't be surprised if they are considerably in the red. I'd see about paying for the article the MMA Payout article quotes, but I'm guessing if they listed their total expenses, MMA Payout would have mentioned it.
Originally Posted by 420atalon
LOL, Strikeforce is such a freaking joke of an organization. This defeats the whole reason for the tournament...
I almost guarantee you Barnett is now not going to be able to compete and they will want Fedor to take his place...
Hopefully Fedor says F U strikeforce and actually does retire.
This organization is so pathetic, too bad they actually have half a dozen decent fighters.
I don't think Strikeforce is pathetic. Their position in the marketplace just limits a lot of what they can do, so they need to keep their options open. They have Fedor on a contract with three fights left (at an expensive price, I'm sure) so if he wants to continue fighting, they need to put him in relevant fights on a big stage.